Green tip of the week – The Republic

Green tip of the week – The Republic

After nine hours rather small trade, a broad index of the Warsaw Stock Exchange recovered 0.48 percent. terms of Thursday’s closing price.

Source: Bloomberg

After nine hours of fairly small trade, a broad index of the Warsaw Stock Exchange recovered 0.48 percent. terms of Thursday’s closing price.

Friday brought a slight calming investor sentiment. After a two-day correction, the last day of the week all the major indexes in Warsaw ended in green. And yes, WIG gained 0.48 per cent., WIG20 0.4 percent., WIG30 0.53 percent., MWIG40 0.91 percent., WIG50 0.39 per cent., And WIG250 0.18 percent. These increases occurred at extremely low revs, which, after nine hours of trade amounted to only 506.49 million zł.

Among the blue chips stood out positively PZU. Shares of the largest Polish insurer gone up on the wave of announcements the board about the possibility of improving results and the possibility of issuing subordinated bonds even in 2014. Course the company was nearly 2 percent. above Thursday’s reference point. Also recorded a considerable rise Grupa Lotos (1.4 percent.) And Bank Pekao (1.2 percent.), Who the day before had lost up to 3.7 percent. This was probably related to the withdrawal of foreign investors, for whom it is the qualities of the biggest Polish banks are often the instrument that buy and sell in the first place. More than 1 percent. gained even Synthos, and slightly below this level came BZ WBK (0.9 percent.) and PGNiG (0.6 percent.). Below the line came in while LPP (-5.25 per cent.), Asseco Poland (-0.4 per cent.) And Orange Poland (-0.3 per cent.).

In other European markets also had green. Increases in the old continent led the Slovak SAX (2.2 percent.), Which in terms of scale increases drove the FTSE MIB (1.5 percent.) And FTSE 250 (1.5 percent.). Increases also not spared the Spanish IBEX35 (1.5 percent.) And the Dutch AEX (1.3 percent.). In opposition he was while Ukrainian UX (-1.3 per cent.) And the Greek ATHEX Composite (-0.8 per cent.), Which led the European falls. American S & amp; P500 began while quotations of considerable increases in 17.40 and its value was already 1965 points, or 0.95 per cent. above the previous baseline.

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